Background

Mr. Michael J. Flook serves as Vice President and Assistant Treasurer of Fort Dearborn Income Securities Inc. Mr. Flook has been Vice President and Assistant Treasurer of PACE Select Advisors Trust - PACE International Equity Investments, PACE Select Advisors Trust - PACE Large Co Value Equity Investments, PACE Select Advisors Trust - PACE International Emerging Markets Equity Investments, PACE Select Advisors Trust - PACE Small/Medium Co Growth Equity Investments, PACE ... Select Advisors Trust - PACE Small/Medium Co Value Equity Investments, UBS Investment Trust - UBS U.S. Allocation Fund, PACE Select Advisors Trust - PACE Large Co Growth Equity Investments and Managed High Yield Plus Fund Inc., since 2006. He serves as Vice President and Assistant Treasurer of Global High Income Fund, Inc. and Strategic Global Income Fund Inc. He served as a Vice President and Assistant Treasurer of Special Opportunities Fund, Inc., since 2006. He served as Vice President and Assistant Treasurer of Investment Grade Municipal Income Fund Inc., since 2006. He served as a Vice President and Assistant Treasurer of 17 investment companies (consisting of 100 portfolios) for which UBS Global AM--Americas region or one of its affiliates serves as investment advisor, sub-advisor or manager. Prior to joining UBS Global AM-Americas region, he was a senior manager with The Reserve (asset management firm) from May 2005 to May 2006. He has been Director since 2010 and Senior Manager of the US mutual fund treasury administration department of UBS Global M-Americas region since 2010 and served as its an associate director since 2006. Prior to UBS Global AM-Americas region, he served as Senior Manager with The Reserve (asset management firm) from May 2005 to May 2006. Prior to that, he served as a Senior Manager of PFPC Worldwide since October 2000. He served as an Independent Trustee of various funds of the Putnam Funds Complex since 2009. Mr. Flook served as a Trustee for Putnam Global Utilities Fund.

Former Trustee, Chairman of Investment Oversight Committee D, Chairman of Shareholder Communications & Relations Committee, Member of Distributions Committee, Member of Brokerage Committee and Member of Investment Process Committee

Former Trustee, Chairman of Investment Oversight Committee D, Chairman of Shareholder Communications & Relations Committee, Member of Distributions Committee, Member of Brokerage Committee and Member of Investment Process Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Independent Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

Former Trustee, Chairman of Investment Oversight Committee D, Member of Brokerage Committee, Member of Contract Committee, Member of Investment Oversight Coordinating Committee and Member of Audit & Compliance Committee

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